01_deal -- SpecHampton:

SpecHampton

About This Blog

Archives

brokers

hamptons real estate

other real estate

hamptons sites

home renovation

local media

other sites i like

February 15, 2007

Wall St. Wish List Comes to an End on the Open Bay

115 Gerard Drive, East Hampton

So here comes the last entry in the "Wall St. Wishlist" before I head to mexico for the week. SO...Looking for open bay front in East Hampton? Check out the location of this property.

The Cottages

Two totally decked-out cottages. 3 beds, 2 baths, 2200 sq. ft., .44 acres.

Bath Room

See? Totally decked out. Listed at $2.1 million. Pricey for a couple of cottages? Maybe. But this is also unique and probably ideal for someone somehow. Listing with Corcoran since January.

11:55 AM | Permalink | Comments(0) | TrackBacks(0)

February 14, 2007

The Koi of Leroy

Leroy Estate, Amagansett

Can someone tell me why the 14 acre Leroy estate hasn't sold? Seems like a unique, incomparable non-waterfront setting with all of the amenities. IS it the subdivision for the rest of the land? Listing with Sothebys for $9.25 million. Been on the market at one price or another since '04.

12:12 PM | Permalink | Comments(0) | TrackBacks(0)

February 13, 2007

Say Hay Beach! Shelter Island

5 Point Lane, Shelter Island

So you are REALLY looking for peace and quiet in an idyllic watery setting? Try this Shelter Island contemporary on the open bay at 5 Point Lane.

Living Room View

3,000 sq. ft., 3 bed, 3 bath with full basement, fireplace, 2 car garage, and heated gunite pool on 2.26 bayfront acres. Check out that view.

Bedroom

Overlooking Hay Beach and designed by Norman Jaffe, the house also has high-end finshes and appliances. Has to be seen to be appreciated. Been on and off the market for years in the $3 million range. Listing with Corcoran for $3.15 since April '06. Maybe there is a deal to be cut here.

11:23 AM | Permalink | Comments(0) | TrackBacks(0)

February 12, 2007

Mediterranean at 196 Wyandanch Lane

Southampton Estate Section

You want to be in the estate section, on a pond, near the ocean, and need room for 9 cars but not tennis. Maybe you are European and want a villa and not a traditional farm house? This is a beauty.

Closer Look

Almost 9,000 sq. ft., 6 bed, 7.5 bath, big big garage, Gunite Pool and Spa. Private. Specimen trees, etc. on 2 acres. Gary Depersia has the Listing with Corcoran for $13.95 million. On the market since September. This is the kind of place that maybe someone is specifically looking for and that's why the price may hold into the selling season.

03:38 PM | Permalink | Comments(0) | TrackBacks(0)

February 11, 2007

In the Palma of your Hand in EHV

Palma Terrace - East Hampton Village

This once unfashionable, regular guy street between Cedar and Newtown Lane is representative of the escalating value of East Hampton Village Homes.

31 Palma Terrace

Remember my review of 31 Palma Terrace? Ultimate glass-encased modern, 5 bed 5.5 bath, 4,600 sq. ft. including the finished basement on .38 acres. the most high end of finshes (excluding some elements in the basement). Gorgeous. Very cool house. See October 29th entry. Still on the market for $3.4m. And still the hands down winner on this street.

33 Palma Terrace

Check out the next door neighbors. 5 bed, 3.5 bath, 3,300 sq. ft. traditional built in 1960 on .38 acres with gunite pool. Asking $2.795m. Listing with Prudential since October.

7 Palma Terrace

This is a 2200 sq. ft. traditional with 4 beds, 3 baths and a fireplace buolt in 1950 on .37 acres for $1.295. Seems like you'd come out ahead with a total re-do than by buying 33 Palma. Listing with Corcoran.

46 Palma Terrace

And this farm-style home was built in 2005 seemingly on spec. It's 2500 sq. ft. 4 bed, 4 bath, a fireplace, viking stove and sub-zero fridge on .35 acres with heated gunite pool. Seems like the pick of the litter at $1.9 million although sits on the corner of Cedar (a very busy street) and Palma. Put it in the middle of the block and it's likely to fare favorably to 33 Palma even up.

Conclusion

However you slice it, this neighborhood and EHV continues to turn over towards the higher end. If 33 can sell near asking, you'd have to consider 7 an excellent buy.

03:17 PM | Permalink | Comments(0) | TrackBacks(0)

February 10, 2007

Foxy Farmhouse, Southampton Village

71 Fox Hollow Lane, Southampton

For the less fashionable neighborhoods in Southampton village between County Rd. 39 and Hill St., take a look at what's going on in East Hampton Village and feel good about your respective value. At $1.85m, this is better than anything you can find in the north-of-the-highway neighborhoods around Cedar St. in EHV.

The Porch

Stats: 2200 sq. ft. farmhouse with 3 beds, 2.5 baths, on .5 acres with heated pool, detached garage/guest house, private, landscaped, lovely. Listing with, who else, Corcoran. And listen to this, down from $3.495 million just this past May! Ha ha. You think the agenct thought they could sell at that price when signing up the client?

05:34 PM | Permalink | Comments(0) | TrackBacks(0)

February 09, 2007

Bonkers in Bridgehampton

280 Highland Terrace, Bridgehampton

Ok, so I've been reluctant to throw that dud out there for a multitude of reasons, but here is one that just seems inconceivably overpriced. It's got some nice views in sitting between farm fields and the Bridgehampton golf course, but at $9.5 million, you can do better for yourself than this 1997 house on 2.2 acres closer to 27 than the ocean.Listing with Sothebys since last May.

12:44 PM | Permalink | Comments(0) | TrackBacks(0)

February 08, 2007

Victorian Bridgehamptonian

112 Sagaponack Rd., Bridgehampton

Listed at around $3 million for the past year and a half, the market has decided that this property is not a deal. But at what price will or should it go? It's an enviable, authentic, country Victorian. Renovated with 4 beds, 2 baths, wraparound porch, central air, gunite pool and sits on a reserve south-of-thehighway. My guess is that Sagaponack rd. is a bit of a thorough fare as one of two connectors between Ocean and Sagg Main roads. Put this on a on a little side street nearby and $3 is probably attainable. Oops, upon 2nd look, looks like the owners will wait until the market heats up a little more. Now available for rent only. $75k for the season. Check out the Listing with Corcoran.

05:07 PM | Permalink | Comments(0) | TrackBacks(0)

February 07, 2007

Frankly Scarlett, I don't give a damn how much it costs.

200 Rose Hill Rd., Water Mill

Not many of you are looking for that full, formally furnished south-of-the- highway plantation house with pool and tennis. But for those who are, here it is. Indian slaves not included.

A nice spot for sipping mint juleps

The house is 5,500 sq. ft., 6 bed, 7.5 bath, with gunite pool and tennis court on 2.3 acres adjacent to a reserve.

Thanks for the furniture Queen Anne!

Furniture and fixtures included. So if this is your bag, head on over to Donna Oplinger at Corcoran who has the Listing for $5.95 million. A deal? I have no idea, but it's a nice house on a nice street in a nice setting and definitely unique for this neck of the woods.

04:22 PM | Permalink | Comments(0) | TrackBacks(0)

February 06, 2007

651 Butter Lane, Bridgehampton

Think of the Possibilities

This one's been sitting out there for $2.2 million since last march. Basically, an old house and a couple of barns on 2.6 acres with beautiful farmfield vistas.

Barns and Water Tower

Someone will snap this up fast once it hits $2m. Nice street, nice setting. Listing with Jack Zito at Corcoran.

12:48 PM | Permalink | Comments(0) | TrackBacks(0)

February 05, 2007

Wall St. Wish List Returns - To the Water on Mill Pond

88 Mill Pond Lane, Watermill - In Contract
So why am I including this 3800 sq. ft. 4 bed, 3 bath French chateau on .5 acres with a gunite pool and 128 ft. of water frontage on Mill Pond if it's already in contract?

Pretty
Because at $2.75 for a really decent house with some top-of-the-line amenities in an incredible waterfront setting that includes a nature sanctuary, sunsets and boating, this has to be some kind of benchmark deal. Down from $3.5 this past July. Listing with Megan Darby at corcoran.

02:36 PM | Permalink | Comments(0) | TrackBacks(0)

January 24, 2007

The Glove(r)s Come off for another Sag Harbor Battle

Another Sag Battle? Not So Much at 120 vs. 122 Glover

#120, at the bottom of Glover, shares a driveway with 122 Glover, which sits behind it. Both are on the market, even sharing an open house date last week. Click picture above for an expanded view. Note: from this angle, you cannot tell that 120 is a high-end cedar-shingled traditional renovation and that 122 is in need of bulldozing or a gut renovation.

120 Glover St.

What's interesting about 120 is that it's been on the market since October '05 with barely a price budge at $2.25 million. It's possible that the Sag Harbor buyer doesn't want this kind of traditional cedar-shingled renovation that is happening all over the Hamptons. The Sag Harbor buyer might want somehting a little more historical. It's also possible that this house is in a wet area. Regardless, it is a beautiful house inside and out. See the Listing with Cee Scott Brown at Corcoran.

The View From 122 Glover to 120 Glover

What's interesting about 122 Glover is what a natural extension the property would be for 120 Glover. Other than that, it's going to be a tough sell. Why?

The Yard at 122 Glover

The house is surrounded by if not sitting in wetlands. Any kind of renovation or rebuild would include major bldg. department approval and a house raise. 122 needs to cut a deal with the buyers of 120. Otherwise, I think they are in trouble.

02:41 PM | Permalink | Comments(0) | TrackBacks(0)

January 23, 2007

Sag Harbor Park Battle

3 vs. 7 Montauk Extension

Check out this delightful little park around which a development of houses has and continues to be built back behind Pierson High School. I don't watch Desperate Housewives, but this seems like that kind of idyllic setting. Click the satellite image above for a closer look. Photo taken before the house were built, but i put them in their approximate locations.

3 Montauk Extension

First up, 3,600 sq. ft. post-modern colonial, built in 2004 with gas heat, central air, 4 bed, 3 bath, gourmet kitchen, finished basement, fireplace, 2-car garage, heated gunite pool with spa on .5 acres and Listing with Mary Ann Cinelli at Corcroan for $1.795 million.

7 Montauk Extension

Next up and next door (until the woods btwn them is cleared and #5 goes up) is this 3,700 sq. ft. farmhouse built in 2006 with 4 beds, 3.5 baths, fireplace, full unfinished basement, and 2 car garage on .6 acres and Listing with Jane Babcock at Corcoran.

More after the break...

read on ... "Sag Harbor Park Battle" »

04:47 PM | Permalink | Comments(0) | TrackBacks(0)

January 22, 2007

High Profile in Sag Harbor

31 Hampton St., Sag Harbor, NY

Anyone who has driven into or out of Sag Harbor via rte 114 during the past year has noticed this gorgeous Hampton street renovation. And all of us have said, "Wow that's an incredible house; too bad it's sitting out there in the open for the world to watch as they drive by. And then we all watched in horror when they put in a swimming pool out on the highway side. Ugh. Well there was some price at which this incredible renovation of a Federal House that was converted into a Victorian at soem point along the way of it's history. I'm told it has an accepted offer at the $2 million asking price if not a signed contract. The developer should have left the pool out, put 14 ft. Leyland Cypress trees around the property and sold it for another $500k. This is a meticulous and truly historical renovation, inside and out. Listing Here with Corcoran. On the market since June. Still maybe a chance to get what will amount to a sure thing in the long run.

11:48 AM | Permalink | Comments(0) | TrackBacks(0)

January 21, 2007

North Haven Bird Battle

6 vs. 9 Sea Gull Hill Rd.

Two houses on a street off the North Haven traffic circle- one on the water and one across the street. Click the map above for a better view. Let the battle begin...

6 Sea Gull Hill Rd.

Fighting out of the blue corner comes this 3,400 sq. ft. cedar-shingled traditional with 4 beds, 4.5 baths, landscaped, irrigated, central air, 2 car garage, fireplace, viking-sub-zero bosch kitchen, and of course, directly on the water with incredible sunset views, on 1 acre. Listing with Carl Marino at Agawam for $2.8 million.

9 Sea Gull Hill Rd.

And fighting out of the green corner is this 4500 sq. ft. cedar-shingled post-modern upisde down house with 4 beds, 3 baths, a fireplace, 1 car garage, a multitude of decks, gourmet kitchen, and a heated gunite pool on .85 acres with spectacular waterviews. Listing with Nancy and Ben Achenbach at Corcoran for $2.495 million.

More after the break...

read on ... "North Haven Bird Battle" »

03:57 PM | Permalink | Comments(0) | TrackBacks(0)

Rah Rah Rawson!

23 Rawson Rd., North Haven

Here's a unique and beautiful, 7800 sq. ft. traditional with bayviews. It's one lot away from the open bay and has all the amenities with a sandy, private association beach. What's so great about this house is that it's a renovation and extension of a 1930s cottage with resulting nooks and crannies, and stairwells, and rooms that you wouldn't think are there. 3 totally separate living and sleeping areas in the house.

One of many Sitting Rooms

There are 7 beds, 6.5 baths plus servants quarters, heated gunite pool with jacuzzi and outdoor shower, 3 car garage with apt. and kitchen above, finished walkout basement, fireplaces, decks, media room. blah blah blah.

View from Master Bedroom

Here's the view from the master bedroom's deck. Renovation going up in front of it but not too big and the view is still very much there. A sunset view too.

Bird's Eye

WHAT'S not so great about this house is that it is 7,800 sq. ft. on one measly acre. Why do people do that? I guess that's why the price is down to $3.8 million down from $4.25. Been on the market about a year. Still, the feel is pretty open. SO, If you want a monster mint house with real character, sunset waterviews and steps to your own beach, then this is the one for you. Another Mala Sander at Corcoran Listing.

11:03 AM | Permalink | Comments(0) | TrackBacks(0)

January 20, 2007

The "Eagle's Nest" - Great Deal in Sag Harbor

34 Rolling Hill Ct. East, Sag Harbor

Check out this crazy 4 bed, 2.5 bath, 2200 sq. ft. contemporary with full basement, 1 fireplace, with heated vinyl pool and outdoor shower on .64 acres.

Back of the House

It's outside Sag Harbor Village in one of those unfancy and thus undervalued suburban developments off brick kiln rd. Check out the deck action!

Living Room

Here's a lame photo of the top floor living room. It's an upside down house. See something special happening here? Click the photo to enlarge.

Pseudo Waterview

Well here's the view to the right of those windows in the photo above. That blue stuff you can sort of see in the background is the water. It's probable that those trees can be cut down for a more direct view.

Panoramic Sunset View

But here is the real deal with this house, which I will now christen "The Eagle's Nest". The views here are panoramic. Straight out to the sunset. Cheesy house in an undervalued neighborhood, but incredible views. I'd guess $300k to renovate and flip. Otherwise, a great place to fix up and raise your family in the Sag Harbor school distric. Check out the listing here. Asking $850,000, represented by Sara Butler from Coldwell Banker.

08:41 PM | Permalink | Comments(0) | TrackBacks(0)

January 19, 2007

One More in EHV

65 Dayton Lane, East Hampton Village

If you liked the 2 story cape at 55 Mill Hill the other day, check out this very similar listing over on Dayton. Same 2 story cape, 1700 sq. ft. 4 bed, 2 bath, fireplace, full basement, .19 acres and room for small pool. No garage here though.

The Street

Same kind of cute little street, maybe a tad less upscale, but same proximity to the village on the same side of the tracks.

On the Inside

Inside, this one has a little more charm, with wainscoting throughout the house. It's liveable in the interim. Note: there is a buildable lot behind this house, which can sort of see in the picture. For now, it's a nice little field.

Bird's Eye

Here's the view from the sky. Click the pic for a better look. The most significant difference between this and 55 Mill Hill is the price. 65 Dayton is asking $400k less! This one is also debbie Brenneman's at Corcoran (26 Mill Hill) , so she is doubly competing with 55 Mill Hill. Listing Here

09:06 AM | Permalink | Comments(0) | TrackBacks(0)

January 18, 2007

Surfer's Paradise in Montauk

687 Old Montauk Hwy, Montauk

SO you're a real surfer. Ditch Plains is where you need to be. Well here's an opportunity to see and hear the surf conditions from your bedroom window. Click on the picture for a closer look.

The Cottage

This is the 2 bedroom 1 bath cottage of about 850 sq. ft. on .38 acres where you'd be living while you prepared to renovate. (Approved plans and permits in place for a 3,000 sq. ft. house come with the deal.)

The Studio

And here is the adjacent studio with it's own bathroom where you could work on your art, wax your boards, smoke pot, whatever.

The Ocean

Smell the salt in the air? This property is a beautiful oasis and opportunity for $1.4 million. Someone will jump at it. Jan Nelson at Prudential has the Listing Here.

12:08 PM | Permalink | Comments(0) | TrackBacks(0)

January 17, 2007

Mill Hill Lane, East Hampton Village

Can't you hear the birds chirping?

This is the view from the bottom of bucolic Mill Hill to the cemetary and Village Green across rte. 27. Very charming, very village, and the perfect setting for "before" and "after" home renovations for sale.

26 Mill Hill Lane, East Hampton Village

Let's start here at this cute, unassuming, cedar-shingled ranch. But inside....

26 Mill Hill Lane, Kitchen

this house is xxx mint, all the way. It's 1600 sq. ft. including finished basement, 2 bed, 2 bath with fireplace on .15 acres. Being offered at $1.575 million by debbie Brenneman at Corcoran. Is this price insane? On some level, yes, but I will say that if you're looking for a low maintenance little crib in East Hampton for your high flying lifestyle, you won't find a nicer one on a nicer street than this. Perfect for some single banker who's too busy to deal with a big house and pool. This may not go for asking, but it will go. If you build it, they will come. Listing here.

Heading Up Mill Hill

Now let's travel up the street, where the houses and properties get a little newer and bigger, yet somehow somewhat less desirable (as we travel from the Village Green).

55 Mill Hill Lane, East Hampton Village

This 2 story cape is 1700 sq. ft. all above ground, with 3 beds, 2 baths, 1 fireplace, and a detached 2 car garage on .19 acres with room for a small pool. Unrenovated.

Back of 55 Mill Hill

Looks a little nicer from the back. 55 Mill Hill is either a major re-do or a tear-down with greater size and property potential than 26. They are asking $2.1 million, which would put someone close to $3mil when all is said and done. Is this insane too? I have no idea. I will tell you that a broker, Evan Kulman at Corcoran, bought it, and if the house that he built, lived in, and recently sold on Joshua's Path is any indication of real estate aptitude, then he has it. Not going for listing though. Listing is here.

01:53 AM | Permalink | Comments(0) | TrackBacks(0)

January 16, 2007

No-Brainer in North Wainscott

14 Merchants Path, Wainscott